Events from the REA

Events held by the REA or other organisations

APPG on EAV event - plunge tariffs and price caps

On: 19/07/2018 10:30:00
Location: Committee Room 11, Palace of Westminster, London SW1A
Sector: APPG on Electric and Automated Vehicles
Attendees: This event is open to both members and non-members

Book Online: This is a past event

~ ~ THIS EVENT HAS BEEN POSTPONED ~ ~

An event from the APPG on Electric and Automated Vehicles

Plunge Tariffs and Price Caps: how will data and new technology allow for new models of electricity supply in the age of EVs.

Over the course of 2018 two Bills have moved through Parliament which both fundamentally challenge the way energy is traded and sold in the UK.

While there has been much discussion on the Energy Price Cap as included in the Tariff Cap Bill, the Automated and Electric Vehicles Bill also poses significant questions about how energy suppliers will shift their business models as charging becomes ‘smarter.’ Debate in 2018 has focused on the upper end of what can be charged by energy suppliers.

But is smart charging of electric vehicles and other appliances, the introduction of solar and storage tech into homes and workplaces, and the aggregation of these technologies a fundamental change to the sector?

In this panel discussion, followed by an open Q&A with attendees from industry, the civil service, and parliament, participants will hear from an innovative electricity supplier who has recently launched a ‘plunge tariff’ which promises to pay users for their electricity consumption, and an EV tariff that allows for 5p/kWh charging overnight.

Participants will hear from Dr Hall of Leeds University who has modelled how smart meters will open up such new business models, and from Cornwall Energy Insights whose recent paper ‘Driven to Disruption’ investigates three electricity supply business models and puts forward proposals for policymakers to move the UK towards a ‘Full Service’ model.

The question to panellists will be: how will new business models around EVs save customers money and challenge our assumptions about energy supply policy?